AAPL CONTINUES SELL-OFF

AAPL  has gone over a waterfall this a.m., continuing what was started Friday afternoon.

 Large volume as AAPL broke late Friday support.

 60 min 3C shows negative divergences/distribution at all 3 tops in price.


Likely first target around $337.50-$338, we may see a correction off that level of support, the next target on the downside is around $326. If $326 fails, then we have a 3rd lower low in the downtrend and the topping pattern will be broken.


There's notable weakness in other techs this a.m., just take a look at SMH-the semis ETF.